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A grain store has six types of grain, each varying in cost, quality, and nutritional content. Periodically, excess inventory of these grains are consolidated into two local products, Feed-M-All and Supreme-Feed. Feed-M-All sells for $6.50 for a 10-pound bag while Supreme-Feed sells for $8.50 for a 10-pound bag. These feeds are advertised as having the following nutritional content:
The component grains have the following content characteristics:
\Targets for Feed-M-All are a cost of $ 4.35 per 10-pound bag, a quality rating of 2.25, along with the minimum percentages of protein and fat, and the maximum percentage of carbohydrates. Similar targets are set for Supreme-Feed with cost set at $ 4.60 and quality at 2.45. There must be at least a 70%-30% mix among these two local feeds.
Formulate an LP model for this product mix problem.
Appreciated
Increased in value or price over time.
US Dollars
The official currency of the United States, widely used as a standard of exchange internationally.
US Demand
The total quantity of goods and services that consumers in the United States are willing and able to purchase at a given price level and time.
British Pounds
The official currency of the United Kingdom, symbolized as £.
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